CB holds interest rates steady to support economic stability

CB holds interest rates steady to support economic stability

The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) concluded its latest meeting yesterday (27), opting to maintain its current monetary policy stance.

In a move to support ongoing economic stability, the Board decided to keep the Overnight Policy Rate (OPR) unchanged at 7.75%.

The decision reflects a cautious approach by the regulator to balance inflation control with the need to support domestic economic recovery.

By holding rates steady, the CBSL aims to provide a predictable environment for both lenders and borrowers in the coming months.

Source: Daily News

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